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Friday, 19 September 2014

Things to consider when buying property in Delhi (NCR)

Buying property is always a big moment in anyone's
life and when buying property in a foreign country, it becomes an even more
momentous happening. For a very long time, buying property in United Arab
Emirates was something that only the bravest did. However today, especially in Delhi
(NCR), buying property is as easy as it is anywhere in Europe or US.

In fact, thanks to a number of factors, buying property
in Delhi (NCR) is today one of the smartest and most lucrative investments.
That being said, there are still a number of things that you need to consider
when you decide to buy property in the city of future.

1. Location

Location is always an important factor when buyingproperty and in Delhi (NCR) it is perhaps even more important than in some
other global cities. There are still parts of this great city that are
considered to be unattractive for someone from abroad, while there are also
those which are extremely popular and where the property value is on the rise
for years, with a constant trend of going upwards. These locations involve the Delhi
(NCR) Marina, Palm Jumeirah, Jumeirah Lake Towers and Downtown Delhi (NCR). One
area that is rapidly growing in popularity is theDelhi (NCR).

2. Developer's and contractor's reputation

For the most part, when they buy property in Delhi
(NCR), people buy unfinished property that is being developed at the time of
purchasing. Because of this, it is absolutely essential to first check the
reputability of the developer, check their track record and their previous
developments. If there are any signs that not everything is above board, it is
best to go with someone else.

It is just as important to check the building
contractor who is doing the construction work on the property. The quality of
construction work can vary greatly and it is absolutely crucial that you can
check their past work and that you can talk to someone who will give you an
objective assessment of their expertise.

3. Potential ROI

The potential return on investment is exquisite for
Delhi (NCR) today and it seems that the realty market is only going to expand
and grow in the years to come. The demand for property is growing daily and the
same goes for rent demand. More and more expats are moving to Delhi (NCR) as it
grows as a regional and global center and the vast majority of experts agree
that there is currently no danger of anything
negative happening on the Delhi (NCR) real estate market.

4. Monthly costs

The costs of monthly utility bills and maintenance
can vary to a great extent in Delhi (NCR) depending on a number of factors and
it is a good idea to check what you can expect in terms of electricity and
service charges, water bills, and so on. There are areas where this can be a
more-than-a-slight problem while there are places where you will find some
great deals in this respect.

Once you have bought your new property in this
incredible city, it is time to start decorating and moving in. It is always a
good idea to find the most reputable Delhi (NCR) moverswho will
help you with your moving process and make your new move the easiest one ever.